A person was trying to sale a good on a higher rate but he was stopped from doing so?
PERA Past Papers and Syllabus / All — Multiple-choice practice
- A. He will be warned only
- B. Both A and B
- C. None of these
- D. The penality would be effective if the trade happen or is he guilty of offence
Correct answer
The penality would be effective if the trade happen or is he guilty of offence
Explanation
Explanation Under the Price Control Act , even attempting to overcharge is a punishable offence. The sale need not be completed for the penalty to apply .
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